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Ginacroft Limited

05054471

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

11 ASHWORTH PLACE, HARLOW, CM17 9PU
Incorporated 24/02/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Mrs Ardita Abazi

director · Since 01/03/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Ragip Abazi

director · Since 01/03/2004

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mr Genit Abazi

director · Since 01/05/2021

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 29

Also on 1 other board

Persons with Significant Control

Mrs Ardita Abazi

25–50% shares

British · England · Age 50

11, Ashworth Place, Harlow, CM17 9PU

Notified 06/04/2016

Mr Ragip Abazi

25–50% shares

British · England · Age 54

11, Ashworth Place, Harlow, CM17 9PU

Notified 06/04/2016

CompanyRankvs 194+ SIC 43320 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 7.58× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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194Ginacroft Limited
88
How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 28/02/2025

Net Worth

£379k

Balance sheet strength

Cash

£191k

Cash in the bank

Net Current Assets

£282k

Working capital

Current Assets

£324k

Current Liabilities

£43k

Fixed Assets

£123k

Debtors

£133k

5avg. employees-1

Tax at Year End(2022)

Corp tax£142k

Director Loans

Company owes directors£2k

Balance Sheet

Assets less current liabilities£404k
Signed by MRS Ardita ABAZI 20th November 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20257.58-£217k
20248.48-£157k
202312.06-£61k
20223.75+£586k
20212.40+£33k
20201.91+£85k
20191.72—

Derived from filed accounts. Not audited figures.